I keep getting a call from 216-536-3460. The recorded message never says what place of business this is. Just that I will have 24-48 hours to respond. Well...I looked the number up and it is a cell phone from Cleveland, OH. I'm sure this is in response to an illegal payday loan that I took out over 4 years ago. This time when they called..they told me I would have 24-48 hours to respond to a complaint otherwise they would contact my place of employment. Doesn't a business usually have a business phone and not a cell phone to conduct business? Anyways the number calls about twice a week. What should I make of this??
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.